3042 S Custer RD, Monroe, MI 48161

Local realty services provided by:ERA Prime Real Estate Group
3042 S Custer RD,Monroe, MI 48161
$310,000
  • 5 Beds
  • 4 Baths
  • 2,530 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer macleod
Office: wiens and roth real estate - lambertville
MLS#:57050214766
Source:MI_REALCOMP

Price summary

  • Price:$310,000
  • Price per sq. ft.:$122.53

About this home

Turnkey, fully occupied 4-unit investment property offering immediate cash flow and a scenic river-view setting on approximately 0.50 acres. This well-maintained fourplex generates $3,295 per month in gross rental income, plus additional income from the coin-operated laundry. Current leases are in place through Summer 2027, providing stable, predictable income for the next owner. Separate gas and electric meters for each unit help minimize owner expenses. Tenants enjoy ample parking with 3 detached garage spaces and 2 additional enclosed garage spaces. Recent improvements include premium exterior paint, foundation façade upgrades, remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring in Apartments 1-3, and fresh paint in Apartment 1. One long-term tenant assists with lawn care, snow removal, and routine property maintenance, reducing owner responsibilities while providing future rental upside.

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Home facts

  • Year built:9999
  • Listing ID #:57050214766
  • Added:5 day(s) ago
  • Updated:July 16, 2026 at 10:06 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,530 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas, Separate Meters

Structure and exterior

  • Year built:9999
  • Building area:2,530 sq. ft.
  • Lot area:0.5 Acres
  • Foundation Description:Basement
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$310,000
  • Price per sq. ft.:$122.53
  • Tax amount:$4,943

Parking

  • Parking description:Detached, Five Car Garage
  • Garage spaces:5
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